Mosaic Q2 net income $369M, revenue $3.4B down 37% YoY

MOSAIC CO

2023-Q2 EPS reported $2.39 revenue$6,998,300,000

Diluted EPS $1.11 vs $2.85 a year ago; adjusted EPS $1.04 vs $3.64.
Revenue $3.4B down 37% from $5.4B; gross margin 16.8% vs 34.4%.
Potash operating earnings $328M (down from $915M); Phosphate $146M (down from $578M).
Cash from operations $1.1B, free cash flow $197M; Esterhazy validated at 7.8M tonnes.
Colonsay potash mine restarted for summer maintenance; Mosaic Fertilizantes near breakeven.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

MOSAIC CO reported second quarter of 2023 results: revenue $3.4 billion, net income $369 million, EPS $1.11 per diluted share.

Period: second quarter of 2023
Revenue: $3.4 billion
Net income: $369 million
EPS: $1.11 per diluted share
Result: reported results

Exact text from the filing

ag markets in the world. Mosaic is well positioned to capitalize on the fertilizer market's recovery, which is well underway." Highlights: • Second quarter revenues totaled $3.4 billion, down 37 percent from the year ago period, reflecting the impact of lower selling prices. The gross margin rate in the second quarter was 16.8 percent, down from 34.4 percent in

View on SEC.gov

36 earnings releases filed in the last 30 days. Browse all earnings releases →

MOSAIC CO filing history →

Source: SEC EDGAR

accession 0001243786-23-000127

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.